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Condensed Consolidated Statements of Comprehensive Income - PNM - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net Earnings $ 51,964 $ 49,423 $ 102,330 $ 109,696
Unrealized Gains on Available-for-Sale Debt Securities:        
Net increase in unrealized holding gains arising during the period, net of income tax (expense) benefit of $274, $(99), $149, and $(1,158) (804) 291 (438) 3,402
Reclassification adjustment for (gains) included in net earnings, net of income tax expense of $421, $477, $3,192, and $655 (1,235) (1,401) (9,374) (1,925)
Pension Liability Adjustment:        
Reclassification adjustment for amortization of experience losses recognized as net periodic benefit cost, net of income tax (benefit) of $(309), $(303), $(618), and $(606) 908 891 1,815 1,782
Total Other Comprehensive Income (Loss) (2,292) 5,119 (7,060) 6,813
Comprehensive Income 49,672 54,542 95,270 116,509
Comprehensive (Income) Attributable to Valencia Non-controlling Interest (3,783) (3,987) (6,827) (9,114)
Comprehensive Income Attributable to PNM 45,757 50,423 88,179 107,131
PNM        
Net Earnings 34,702 35,303 79,798 95,138
Unrealized Gains on Available-for-Sale Debt Securities:        
Net increase in unrealized holding gains arising during the period, net of income tax (expense) benefit of $274, $(99), $149, and $(1,158) (804) 291 (438) 3,402
Reclassification adjustment for (gains) included in net earnings, net of income tax expense of $421, $477, $3,192, and $655 (1,235) (1,401) (9,374) (1,925)
Pension Liability Adjustment:        
Reclassification adjustment for amortization of experience losses recognized as net periodic benefit cost, net of income tax (benefit) of $(309), $(303), $(618), and $(606) 908 891 1,815 1,782
Total Other Comprehensive Income (Loss) (1,131) (219) (7,997) 3,259
Comprehensive Income 33,571 35,084 71,801 98,397
Comprehensive (Income) Attributable to Valencia Non-controlling Interest (3,783) (3,987) (6,827) (9,114)
Comprehensive Income Attributable to PNM $ 29,788 $ 31,097 $ 64,974 $ 89,283